Wednesday, April 16, 2008

Cuill, a stealth start-up with a new approach to search got $25 million in funding

What Company Is Offering:
Cuill is a technology start-up pioneering a new approach to search. The team is leveraging their own expertise in search architecture, relevance methods and data analysis to provide users with a better search experience. The company is located on a quiet street in Menlo Park, Calif.

How Much They Got From VCs:

Cuill, a stealth start-up with a new approach to search, announced that the company has secured a second round of equity financing of $25 million, led by Madrone Capital Partners. The Series B investment follows a previous $8 million funding round from Tugboat Ventures and Greylock Partners.

"We are pleased with the confidence of our investors," said Chief Executive Officer and co-founder Tom Costello. "Our team is using breakthroughs in search architecture and technological advances to create a new paradigm in search, and we now have the resources to reach the next level in pure search."

Cuill has assembled a premier team of search experts from Google, IBM, eBay, Alta Vista, Xerox PARC, the Internet Archive and Stanford University. These highly respected search veterans have a proven track record in the search industry and are focused on creating the next generation of search.

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